10001 Yale Avenue, Cleveland, OH 44108

$89,500
4
BD
1
BA
2,309
SqFt

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List Price
$89,500
Status
ACTIVE
Days on Market
234
Price Change
▼ $9,000 1770073826
MLS#
5175766
Subtype
Residential
Style
Colonial
Year Built
1910
Bedrooms
4
Bathrooms
1
Full Baths
1
Living Area
2,309
Acres
0.12
Subdivision
Low & Edwards Allotment
Neighborhood
Low & Edwards Allotment
MLS Area Major
Cleveland

Property Description

Attention investors! This turnkey investment opportunity offers immediate cash flow with a quality tenant in place through July 2026, paying $1,200 per month (not Section 8) and wishing to remain. Whether you're entering the investment market for the first time or adding to your established portfolio, this affordable and maintained asset delivers cash flow from day one. This spacious property features 4 bedrooms, with the possibility of a 5th bedroom using the finished third floor—an excellent opportunity for future rent increases or expanded tenant appeal. The home is mechanically sound with thoughtful updates, including an updated electrical panel, plumbing improvements, and other key upgrades. A full basement adds additional storage or utility space, while the large floor plan provides flexibility and long-term tenant stability. Located in an investment-friendly zip code, this property is positioned for consistent performance and growth. The home is currently professionally managed, and management can remain in place for a seamless transition. Due to the tenant’s occupancy, showings will only be permitted after an acceptable offer has been received. Please—no wholesalers, no owner-financing requests, and inquiries from serious, qualified buyers only. Seller is an out-of-country investor liquidating their portfolio. A solid, income-producing property with upside potential—don’t miss this excellent opportunity!

Additional Information

Taxes
$1,592
Property Description
Colonial
Heating
Forced Air, Gas
Air Conditioning
None
Stories
3
Levels
Three Or More
Roof
Asphalt
Parking Features
Detached, Garage
Garage Spaces
2
School District
Cleveland Municipal - 1809

Listing Courtesy of: Christopher A Frederick, thefrederickteam@gmail.com With Coldwell Banker Schmidt Realty

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